From comparing the two models it can be seen that the iterated model cost $8.90 in its fully burdened cost whereas the original part cost $9.59 as part of its fully burdened cost. There can therefore be seen a 7% decrease in the cost. However one noteworthy omition from this cost analysis are the fasteners. However since the same fasteners are used in both iterations, their impact on the cost analysis can be ignored.